ACTIVE

Zig Zag

Financial year 2025 · closed on 31/12/2025
Net result
95,4 k €
+392.2% YoY
Gross margin
279,4 k €
+3.9% YoY
Equity
611,8 k €
+18.5% YoY
Workforce
2,8 ETP
-31.7% YoY

What does Zig Zag do?

Zig Zag is a Non-profit organization incorporated in 1987. Its registered office is in Schaerbeek. It employs on average 2,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.818.246
Incorporation
01/06/1987
Legal form
Non-profit organization
Registered office
Avenue Monplaisir 77 box 2
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Joint committees (1)
  • 304
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin279,4 k €268,9 k €554,9 k €721,5 k €363 k €324,6 k €398,2 k €521,2 k €344,1 k €-45,1 k €352,3 k €16 k €300,4 k €272,9 k €426,2 k €422,7 k €524,9 k €217,4 k €469,6 k €416,4 k €
EBITDA101,1 k €29,6 k €149,6 k €308,7 k €26,6 k €16,5 k €8,8 k €261,9 k €130,3 k €-344,5 k €73,2 k €-88,1 k €9,5 k €6,4 k €-24,7 k €34,9 k €95,3 k €-151,8 k €53,2 k €51,6 k €
Operating result90,3 k €23,5 k €138,2 k €306,6 k €3,2 k €3,7 k €4,5 k €259,1 k €126,2 k €-356,8 k €60 k €-94,2 k €1,5 k €-9,1 k €-7,5 k €-4,1 k €509,3 €-191,9 k €8,7 k €8,7 k €
Net result95,4 k €19,4 k €137,1 k €295,8 k €254,3 k €126,3 k €-380,6 k €65,9 k €-97,2 k €430,6 €-685,4 €-5,3 €8,3 €22,3 €-5,6 k €-208,1 €1,2 k €
Balance sheet
Equity611,8 k €516,4 k €497 k €359,9 k €64,1 k €64,1 k €64,1 k €64,1 k €-190,2 k €-316,5 k €64,1 k €-1,8 k €95,4 k €95 k €95,7 k €95,7 k €95,7 k €95,7 k €101,2 k €101,4 k €
Total assets2,4 M €1,8 M €1,5 M €1,4 M €1,1 M €1,2 M €678,2 k €532,6 k €568,5 k €541 k €463,1 k €709 k €836,1 k €498,5 k €824,7 k €1,2 M €970,7 k €748,6 k €866,9 k €816,4 k €
Cash1,9 M €958,8 k €682,1 k €803,1 k €751,3 k €1 M €260,2 k €203,6 k €117,3 k €258,1 k €222,2 k €193,4 k €277,4 k €94,8 k €309,9 k €383,1 k €397,8 k €390,2 k €309,5 k €407,3 k €
Debts456,8 k €419,3 k €678 k €968,3 k €405,9 k €531,8 k €571,5 k €464,5 k €226,3 k €428,5 k €229,4 k €541,1 k €408,9 k €71,6 k €356,2 k €688,9 k €516 k €366,7 k €276,7 k €341,4 k €
Other
Workforce2,8 ETP4,1 ETP4,1 ETP4,6 ETP4,4 ETP4,4 ETP4,4 ETP4,4 ETP4,0 ETP4,1 ETP4,0 ETP3,5 ETP4,0 ETP4,0 ETP5,0 ETP4,3 ETP4,0 ETP5,5 ETP6,0 ETP5,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Gross CLAUDE

Director · since 27 septembre 2024

Active
Patrick WALLENS

Chairman of the board of directors · since 27 septembre 2024

Active
Patrick MATTHYS

Director · since 21 décembre 2020

Active
Patrick PRINTZ

Schatbewaarder · since 21 décembre 2020

Active

Ended mandates

Claude Gross

Director · since 29 octobre 2024

Ended
Patrick MATTHYS

Director · since 29 octobre 2024

Ended
Patrick PRINTZ

Schatbewaarder · since 29 octobre 2024

Ended
Patrick Wallens

Chairman of the board of directors · since 29 octobre 2024

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/06/202625/06/202503/07/202427/09/202313/05/202211/08/2021
General meeting04/06/202608/05/202505/06/202415/05/202305/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202611/06/2026FrenchPDF
Abridged model31/12/202408/05/202525/06/2025FrenchPDF
Abridged model31/12/202305/06/202403/07/2024FrenchPDF
Abridged model31/12/202215/05/202327/09/2023FrenchPDF
Abridged model31/12/202105/05/202213/05/2022FrenchPDF
Abridged model31/12/202027/05/202111/08/2021FrenchPDF
Abridged model31/12/201927/04/202023/09/2020FrenchPDF
Abridged model31/12/201821/05/201903/06/2019FrenchPDF
Abridged model31/12/201702/05/201820/07/2018FrenchPDF
Abridged model31/12/201622/05/201728/07/2017FrenchPDF
Abridged modelCorrection31/12/201530/03/201615/04/2016FrenchPDF
Abridged model31/12/201515/03/201631/03/2016FrenchPDF
Abridged model31/12/201402/04/201510/11/2015FrenchPDF
Abridged model31/12/201307/05/201424/07/2014FrenchPDF
Abridged model31/12/201207/05/201303/06/2013FrenchPDF
Abridged model31/12/201125/04/201227/04/2012FrenchPDF
Abridged model31/12/201020/04/201127/04/2012FrenchPDF
Abridged model31/12/200913/04/201012/05/2010FrenchPDF
Abridged model31/12/200808/05/200923/06/2009FrenchPDF
Abridged model31/12/200718/03/200821/04/2008FrenchPDF
Abridged model31/12/200631/03/200724/04/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Gross CLAUDE

Director · since 27 septembre 2024

Active
Patrick WALLENS

Chairman of the board of directors · since 27 septembre 2024

Active
Patrick MATTHYS

Director · since 21 décembre 2020

Active
Patrick PRINTZ

Schatbewaarder · since 21 décembre 2020

Active

Ended mandates

Claude Gross

Director · since 29 octobre 2024

Ended
Patrick MATTHYS

Director · since 29 octobre 2024

Ended
Patrick PRINTZ

Schatbewaarder · since 29 octobre 2024

Ended
Patrick Wallens

Chairman of the board of directors · since 29 octobre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/01/2024
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates11/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2005
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/01/2005
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202595,4 k €
  2. 2024
    Annual accounts 202419,4 k €
  3. 2024
    Name changeZig Zag
  4. 2023
    Annual accounts 2023137,1 k €
  5. 2022
    Annual accounts 2022295,8 k €
  6. 2021
    Annual accounts 2021
  7. 2021
    Name changeZIGZAG
  8. 2020
    Annual accounts 2020
  9. 2019
    Annual accounts 2019
  10. 2018
    Annual accounts 2018254,3 k €
  11. 2017
    Annual accounts 2017126,3 k €
  12. 2016
    Annual accounts 2016-380,6 k €
  13. 2015
    Annual accounts 201565,9 k €
  14. 2014
    Annual accounts 2014-97,2 k €
  15. 2013
    Annual accounts 2013430,6 €
  16. 2012
    Annual accounts 2012-685,4 €
  17. 2011
    Annual accounts 2011-5,3 €
  18. 2010
    Annual accounts 20108,3 €
  19. 2009
    Annual accounts 200922,3 €
  20. 2008
    Annual accounts 2008-5,6 k €
  21. 2007
    Annual accounts 2007-208,1 €
  22. 2006
    Annual accounts 20061,2 k €
  23. 01/06/1987
    IncorporationNon-profit organization